$1,089,300
- 5 Beds
- 4 Baths
- 4,672 sqft (on 0.37 acres)
692 E Observation Dr, Meridian, ID 83642
Est. Refi. Payment $5,985/mo*
Refinance Your HomeHome Value
Trulia Estimate
$1.09MSince last month
Decreased$4K (-0.4%)Since last year
Increased$86K (+8.5%)Since last sale
Increased$630K (+137%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +117% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $1.09M |
| July 2026 | $1.09M |
| June 2026 | $1.1M |
| May 2026 | $1.08M |
| April 2026 | $1.08M |
| March 2026 | $1.06M |
| February 2026 | $1.05M |
| January 2026 | $1.03M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.14 | Single-Family Home | - | 08/29/25 | 4 | 4 | 4,014 | |
0.14 | Single-Family Home | - | 11/24/25 | 4 | 4 | 3,599 | |
0.17 | Single-Family Home | - | 06/25/26 | 5 | 3 | 2,364 | |
0.35 | Single-Family Home | - | 03/30/26 | 6 | 5 | 4,088 | |
0.32 | Single-Family Home | - | 05/01/26 | 4 | 3 | 3,400 | |
0.32 | Single-Family Home | - | 06/03/26 | 5 | 4 | 3,290 | |
0.12 | Single-Family Home | - | 02/26/26 | 4 | 3 | 2,114 | |
0.30 | Single-Family Home | - | 01/14/26 | 3 | 3 | 3,047 | |
0.29 | Single-Family Home | - | 06/17/26 | 5 | 3 | 2,785 | |
0.49 | Single-Family Home | - | 09/05/25 | 5 | 4 | 2,873 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.05 | $935,000 | 4 | 4 | 3,630 | Off Market | |
0.03 | $1,074,300 | 5 | 5 | 4,551 | Off Market | |
0.07 | - | 3 | 3 | 1,666 | Off Market | |
0.09 | $540,500 | 5 | 3 | 2,403 | Off Market | |
0.10 | $714,700 | 4 | 3 | 2,224 | Off Market | |
0.09 | $465,300 | 3 | 3 | 2,007 | Off Market | |
0.08 | $446,700 | 3 | 3 | 1,775 | Off Market | |
0.11 | $760,400 | 4 | 4 | 2,711 | Off Market | |
0.10 | $414,200 | 3 | 3 | 1,642 | Off Market | |
0.09 | $670,400 | 4 | 2 | 2,843 | Off Market | |
0.11 | $989,100 | 5 | 4 | 4,325 | Off Market | |
0.12 | - | 3 | 3 | 1,671 | Recently Sold |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
2005
Lot Size
0.37 acres
Living Area
4,672 sqft
Price/Sqft
$233
Parking
Garage
About this House
Gorgeous home with stone and stucco exterior has great presence and curb appeal on corner lot with 3 car RV bay garage. Kitchen amenities include granite counters, gleaming appliances with double oven, gas stove top, microwave and refrigerator. Crown molding throughout, hard wood floors, and expansive ceiling heights in the living room promotes creativity! Escape to this dreamy master bedroom suite that has a cozy fireplace, dual vanity and jetted tub. Back yard has spacious patio area and room to play!
692 E Observation Dr, Meridian, ID 83642 is a 5 bedroom, 4 bathroom, 4,672 sqft single-family home built in 2005. It last sold for $459,750 on Aug 11, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,089,300, with a rent estimate of $4,569/month.
Home Details for 692 E Observation Dr
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Heating & Cooling Heating: GasAir ConditioningCooling System: CentralHeating Fuel: Gas |
Levels, Entrance, & Accessibility Stories: 2 |
Interior Details Types of Rooms: Dining Room, Pantry |
Appliances & Utilities Cable Ready |
Fireplace & Spa FireplaceJetted Bath Tub |
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Exterior Home Features Roof: OtherDeckExterior: StuccoPatio |
Parking & Garage GarageParking Spaces: 3Parking: Garage Attached |
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Year Built Year Built: 2005 |
Property Type / Style Property Type: Single Family HomeArchitecture: Other |
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Units in Building: 1 |
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Lot Area: 0.37 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 11, 2015 Source: IMLS #98587423 | Sold | -- |
May 11, 2015 Source: Agent Provided | ListingRemoved | $459,750 |
May 9, 2015 Source: Agent Provided | Listed For Sale | $459,750 |
Sep 27, 2010 Source: IMLS #98423967 | Sold | -- |
Sep 2, 2010 Source: Agent Provided | Pending | $299,900 |
Jan 16, 2010 Source: Agent Provided | Listed For Sale | $299,900 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,771 | $1,106,000 |
Home facts updated by county records
Market trends in Meridian
Last updated July 2026
Avg. sale price
$545K
$3.3KMoM
Sale-to-List Price
100.0%
Price per sq ft
$279
$2MoM
Available listings
552
14MoM
Around this home
What Locals Say about Meridian
At least 563 Trulia users voted on each feature.
92 % Say there are sidewalks
90 % Say it's dog friendly
89 % Say yards are well-kept
89 % Say car is needed
88 % Say parking is easy
82 % Say there's holiday spirit
80 % Say people would walk alone at night
80 % Say kids play outside
74 % Say it's quiet
73 % Say streets are well-lit
56 % Say neighbors are friendly
55 % Say they plan to stay for at least 5 years
43 % Say it's walkable to grocery stores
39 % Say it's walkable to restaurants
32 % Say there are community events
23 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 692 E Observation Dr
- What is 692 E Observation Dr estimated to be worth?Trulia's estimated value for 692 E Observation Dr in Meridian, ID is $1,089,300.
- What is the price history for 692 E Observation Dr?692 E Observation Dr in Meridian, ID last sold in August 2015.
- Is Meridian a buyer's or seller's market?Meridian is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Meridian?The median sale price in Meridian is $545K. That is up $3.3K from the prior month.
- Does 692 E Observation Dr have air conditioning?Yes, 692 E Observation Dr in Meridian, ID has air conditioning.
- How big is the lot at 692 E Observation Dr?The lot at 692 E Observation Dr in Meridian, ID is about 0.37 acres (16,117 sq ft).

